lemonade insurance company is a licensed insurance carrier, offering homeowners and renters insurance powered by artificial intelligence and behavioral economics. by replacing brokers and bureaucracy with bots and machine learning, lemonade promises zero paperwork and instant everything. and as a certified b-corp, where underwriting profits go to nonprofits, lemonade is remaking insurance as a social good, rather than a necessary evil.
Company profile
Ticker
LMND, LMND-MM
Exchange
Website
CEO
Daniel Asher Schreiber
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Lemonade Agency B.V. • Lemonade B.V. • Lemonade E&S Insurance Agency, LLC • Lemonade Insurance Agency, LLC • Lemonade Insurance Company • Lemonade Insurance N.V. • Lemonade Life Insurance Agency, LLC • Lemonade Ltd. • Lemonade Tech B.V. • Metromile Insurance Company ...
IRS number
320469673
LMND stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
24 Apr 24
DEF 14A
Definitive proxy
24 Apr 24
S-8
Registration of securities for employees
28 Feb 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Results of Operations and Financial Condition
27 Feb 24
8-K
Entry into a Material Definitive Agreement
11 Jan 24
8-K
Departure of Directors or Certain Officers
20 Dec 23
8-K
Departure of Directors or Certain Officers
21 Nov 23
S-3ASR
Automatic shelf registration
9 Nov 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
Transcripts
LMND
Earnings call transcript
2023 Q4
28 Feb 24
LMND
Earnings call transcript
2023 Q3
2 Nov 23
LMND
Earnings call transcript
2023 Q2
3 Aug 23
LMND
Earnings call transcript
2023 Q1
4 May 23
LMND
Earnings call transcript
2022 Q4
23 Feb 23
LMND
Earnings call transcript
2022 Q3
9 Nov 22
LMND
Earnings call transcript
2022 Q2
9 Aug 22
LMND
Earnings call transcript
2022 Q1
10 May 22
LMND
Earnings call transcript
2021 Q4
24 Feb 22
LMND
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
4
Maya Prosor
13 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
4
TIMOTHY E BIXBY
7 Mar 24
4
TIMOTHY E BIXBY
6 Mar 24
4
John Sheldon Peters
6 Mar 24
144/A
Notice of proposed sale of securities (amended)
6 Mar 24
4
TIMOTHY E BIXBY
5 Mar 24
4
John Sheldon Peters
5 Mar 24
4
Maya Prosor
5 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 238.10 mm | 238.10 mm | 238.10 mm | 238.10 mm | 238.10 mm | 238.10 mm |
Cash burn (monthly) | (no burn) | (no burn) | 19.87 mm | 21.53 mm | 2.10 mm | 10.97 mm |
Cash used (since last report) | n/a | n/a | 136.63 mm | 148.04 mm | 14.44 mm | 75.42 mm |
Cash remaining | n/a | n/a | 101.47 mm | 90.06 mm | 223.66 mm | 162.68 mm |
Runway (months of cash) | n/a | n/a | 5.1 | 4.2 | 106.5 | 14.8 |
Institutional ownership, Q3 2023
73.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 206 |
Opened positions | 29 |
Closed positions | 44 |
Increased positions | 49 |
Reduced positions | 54 |
13F shares | Current |
---|---|
Total value | 436.02 bn |
Total shares | 51.31 mm |
Total puts | 1.95 mm |
Total calls | 1.46 mm |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
SFTBY Softbank | 11.98 mm | $139.25 bn |
SoftBank Group Capital | 11.98 mm | $1.47 bn |
Vanguard | 5.01 mm | $58.19 bn |
Baillie Gifford & Co | 4.71 mm | $54.70 bn |
BLK Blackrock | 3.68 mm | $42.71 bn |
Aleph | 1.88 mm | $0.00 |
Geode Capital Management | 1.14 mm | $13.30 bn |
STT State Street | 1.13 mm | $13.10 bn |
Susquehanna International | 809.47 k | $9.41 bn |
General Catalyst Group Management | 806.72 k | $9.37 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Mar 24 | Maya Prosor | COMMON STOCK | Sell | Dispose S | No | No | 17.72 | 290 | 5.14 k | 9,522 |
6 Mar 24 | Timothy E Bixby | COMMON STOCK | Buy | Acquire P | Yes | No | 16.54 | 10,000 | 165.40 k | 10,000 |
1 Mar 24 | Maya Prosor | COMMON STOCK | Grant | Acquire A | No | No | 0 | 7,576 | 0.00 | 9,812 |
1 Mar 24 | John Sheldon Peters | COMMON STOCK | Grant | Acquire A | No | No | 0 | 4,025 | 0.00 | 77,509 |
1 Mar 24 | Timothy E Bixby | COMMON STOCK | Grant | Acquire A | No | No | 0 | 12,973 | 0.00 | 281,554 |
News
(LMND) - Analyzing Lemonade's Short Interest
25 Apr 24
Forecasting The Future: 4 Analyst Projections For Lemonade
15 Apr 24
JMP Securities Reiterates Market Outperform on Lemonade, Maintains $40 Price Target
15 Apr 24
Lemonade Launches Homeowners Insurance In France
9 Apr 24
Prelude Selected By Lemonade To Fortify Their Endpoint And Server Workload Security
3 Apr 24
Press releases
Lemonade To Announce First Quarter 2024 Financial Results
11 Apr 24
Lemonade Launches Homeowners Insurance in France
9 Apr 24
Prelude Selected by Lemonade to Help Fortify Defenses
3 Apr 24
Lemonade Announces Fourth Quarter and Full Year 2023 Financial Results
27 Feb 24
Lemonade To Announce Fourth Quarter 2023 Financial Results
7 Feb 24